Multiple Choice
Questions are based on the following information:
An investor buys 100 shares of Walmart at $45 per share on margin with an initial margin of 70% and a maintenance margin of 25%.In two months,the stock goes to $56.
-What is the actual margin when the stock price is $56?
A) 65.9%
B) 75.9%
C) 79.9%
D) 80.9%
Correct Answer:
Verified
Correct Answer:
Verified
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